Emotional Capital - External

External

External emotional capital is Heyer's original idea.

External emotional capital is the value of the feelings and perceptions held by the customer and the external stakeholder towards your business.

These emotions are in the limelight right now as companies find that businesses rely on consumer loyalty over quantity. A perfect example of emotional capital saving a company can be seen in the case of Apple Inc over the past ten years.

It contains brand value, trust, governance, values and ethics.

Read more about this topic:  Emotional Capital

Famous quotes containing the word external:

    “A tempest cracked on the theatre. Quickly,
    The wind beat in the roof and half the walls.
    The ruin stood still in an external world.
    It had been real. It was something overseas
    That I remembered, something that I remembered
    Overseas, that stood in an external world.”
    —Wallace Stevens (1879–1955)

    “My grief lies all within,
    And these external manners of laments
    Are merely shadows to the unseen grief
    That swells with silence in the tortured soul.
    There lies the substance.”
    —William Shakespeare (1564–1616)

    “When a person hasn’t in him that which is higher and stronger than all external influences, it is enough for him to catch a good cold in order to lose his equilibrium and begin to see an owl in every bird, to hear a dog’s bark in every sound.”
    —Anton Pavlovich Chekhov (1860–1904)